BERJAYA CORPORATION BERHAD ("BJCORP" or "the Company")ENFORCEMENT ACTION BY PAHANG STATE AUTHORITIES
| BERJAYA CORPORATION BERHAD |
| Type | Reply to Query |
| Reply to Bursa Malaysia's Query Letter - Reference ID | IQL-05102026-00003 |
| Subject | BERJAYA CORPORATION BERHAD ("BJCORP" or "the Company")ENFORCEMENT ACTION BY PAHANG STATE AUTHORITIES |
| Description | BERJAYA CORPORATION BERHAD ("BJCORP" or "the Company")
- ENFORCEMENT ACTION BY PAHANG STATE AUTHORITIES |
| Query Letter Contents | |
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We refer to Bursa Malaysia Securities Berhad's query dated 5 October 2026 in relation to the enforcement action taken by Pahang State authorities, the Board of Directors of Berjaya Corporation Berhad wishes to announce the following additional information:
1. Details of the enforcement action taken against the Company's property at the Berjaya Hills premises on 28 September 2026
On 28 September 2026, the Pahang State authorities took enforcement action by sealing and restricting access to certain buildings at the Company's Berjaya Hills premises, comprising the staff quarters, central laundry, rabbit park and Japanese garden.
The Group's main operating premises including The Chateau Spa & Wellness Resort, Colmar Tropicale Hotel, Berjaya Hills Golf & Country Club and the greenhouses were not affected by the enforcement action and remain fully operational.
2. The financial and operational impact on the Group arising from the enforcement action taken against the Company's property at the Berjaya Hills premises on 28 September 2026; and
The enforcement action will not have any material financial or operational impact on the Group.
The Group's core operating facilities, including the hotels, golf club and greenhouses remain unaffected and continue to operate as usual.
3. The financial and operational impact on the Group arising from the revised annual quit rent rates applicable to Berjaya Hills
Since the increase in the annual quit rent rates took effect from year 2020, the Group has recognised the corresponding quit rent expenses through accruals for the respective financial years up to the current financial year.
The accruals were made based on the revised rates applicable for each year as stated in the respective quit rent demands issued by the relevant authorities.
Accordingly, the impact arising from the revised annual quit rent rates has been taken into account in the Group's financial statements for the respective financial years and the revised rates have no material operational impact to the Group.
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Announcement Info
| Company Name | BERJAYA CORPORATION BERHAD |
| Stock Name | BJCORP |
| Date Announced | 06 Oct 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-06102026-00005 |